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Jul 24, 2012
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is it taxed? >> yes. >> eliot: you can take it over this let it accrue and it's a very beneficial thing to do. >> and if the money comes from foreign investors, if mitt romney was lending money to lots of people, and initial reports saying that bain capital when it first started was mostly foreign investors. those foreign investors when they take their money back from the cayman island corporation they will never pay u.s. taxes. >> eliot: right. if he was raising money overseas switzerland. they invest in bain and then they buy a company in the united states do they pay u.s. taxes. >> i would assume that they would. if the transaction is u.s. based and it goes to buy a corporation, you're going to pay corporate taxes on that money. >> eliot: one of the points that emerges from this, you need to have a global tax structure, or there are going to be gains made that they can take advantage by these people. >> there is no country in the world that taxes wealth. we could make a lot of money if we taxed
is it taxed? >> yes. >> eliot: you can take it over this let it accrue and it's a very beneficial thing to do. >> and if the money comes from foreign investors, if mitt romney was lending money to lots of people, and initial reports saying that bain capital when it first started was mostly foreign investors. those foreign investors when they take their money back from the cayman island corporation they will never pay u.s. taxes. >> eliot: right. if he was raising money...
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Jul 24, 2012
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we see it with his tax returns, with the offshore investments. we see it with his records when he was governor of massachusetts. a lot of which the computer files and everything were destroyed. now with the records of the olympics in salt lake city. what is he trying to hide? i don't think he can continue to have it this way of i will decide for example, om going to release two years or whatever it is tax returns and ignore all of the pressure even from members of his own party. >> do you think dissusan? >> i think it's a bunch of hooey. they are not going to find a dead body. >> we have maybe 60 seconds. i want you to listen to a portion of a clip, bill and get your reaction to it. listen real fast. >> if you have been successful, you didn't get there on your own. if you got a business, you didn't build that. somebody else did that. >> somebody else made that happen. that whole made that happen thing has now become the political for the der. it's deceptive but is it effective? >> if you are asking me, yes i think mitt romney has scored with this
we see it with his tax returns, with the offshore investments. we see it with his records when he was governor of massachusetts. a lot of which the computer files and everything were destroyed. now with the records of the olympics in salt lake city. what is he trying to hide? i don't think he can continue to have it this way of i will decide for example, om going to release two years or whatever it is tax returns and ignore all of the pressure even from members of his own party. >> do you...
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Nov 6, 2012
11/12
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your right to vote if you are a american citizen who is willing to fight on foreign soil, paid your taxes you're committed to this country, and yet there are blocks to you voting? i would argue we need a complete reform of the election system. we need to be able to insure that we use technology, on line voting. we need to make sure that our machines are accurate. we've had problems with machines losing votes of not allowing people to vote, showing names that are not the names people voled for. we have come together as democrats with a major election reform bill introduced by the minority whip and supported by our leader nancy pelosi. the message of this about him it's an extensive bill, it wants to give resources to the state but more importantly has the impetus that voters rule and voters should not be blocked by some form of suchpression in their right to vote. >> congress wham, you are so right. in the aftermath of 2000, seems like ancient history we came up with a litany of proposals in new york, tried to make it a bipartisan effort. unfortunately, every one of these efforts which goe
your right to vote if you are a american citizen who is willing to fight on foreign soil, paid your taxes you're committed to this country, and yet there are blocks to you voting? i would argue we need a complete reform of the election system. we need to be able to insure that we use technology, on line voting. we need to make sure that our machines are accurate. we've had problems with machines losing votes of not allowing people to vote, showing names that are not the names people voled for....
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Oct 18, 2012
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then they get to take tax deductions and tax breaks on their plant equipment workers. we the taxpayers are basically subsidizing the outsourcing of our jobs from america. this is wrong. >> jennifer: governor quinn in that clip is standing in front of the plant in freeport, illinois. it may be wrong but senate republicans supported the problem by blocking the bill in a 56-42 vote. joining me now from chicago is the governor of the great state of illinois, pat quinn. governor i'm so glad that you're with me here in "the war room." >> good to see you. you're looking good. we miss you in the midwest. you're a great governor of michigan, and you're doing a great job now. >> jennifer: oh, i miss the great lakes. anyway i could wax on but let me continue on this. how desperate is the situation of freeport? >> well, i think anybody who is a worker and who was raised in a family is sympathetic to the workers. there are 170 good men and women, many of them who have worked there decades. dot turner started there at 18 or 19 years old. she's 61, and they're forced to train the chi
then they get to take tax deductions and tax breaks on their plant equipment workers. we the taxpayers are basically subsidizing the outsourcing of our jobs from america. this is wrong. >> jennifer: governor quinn in that clip is standing in front of the plant in freeport, illinois. it may be wrong but senate republicans supported the problem by blocking the bill in a 56-42 vote. joining me now from chicago is the governor of the great state of illinois, pat quinn. governor i'm so glad...
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Aug 24, 2012
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they deregulated, cut taxes it didn't. we're going up through all these years this is median household income, right? and a huge jump up from 1992 to to 2001, gee, i wonder what happened there. clinton happened. and then after the tax cuts boom, we fall down from 72,956 to $69,497. we lost ground after we did their plan. let me show you overall net worth. you see in '83, $91,000. in 2011 we got it up to 229 that's229,000.by the way americans are pretty rich. the household worth keeps going up and then oops, it goes through the basement. much lower than before. why, tax cuts and deregulation don't work. bankers destroyed our economy. now it gets worse. in 1971, 61% of us were in the middle class. now it's only 51%. there goes the middle class. it's vanishing before our eyes. there is more in the upper class now but there is also more in the lower class. we're losing the middle class. how about the wealth. where did that go? if you look at upper income? in 1971, they had 29% of the wealth. and now they have 46% of the wealth
they deregulated, cut taxes it didn't. we're going up through all these years this is median household income, right? and a huge jump up from 1992 to to 2001, gee, i wonder what happened there. clinton happened. and then after the tax cuts boom, we fall down from 72,956 to $69,497. we lost ground after we did their plan. let me show you overall net worth. you see in '83, $91,000. in 2011 we got it up to 229 that's229,000.by the way americans are pretty rich. the household worth keeps going up...
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Aug 10, 2012
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but no running mate can solve romney with his tax reference. an overwhelming say 63% say romney should release tax returns beyond the years he has already made politics. for more on politics and gender in the race i'm joined by david and reef. let me start with you we've come to expect a bigger gender divide by men and women beyond a margin of error for the president. what has happened to shake this up in the past couple of days? >> well, i think this is sort of the end of a long hot damaging summer for mitt romney. he has taken a lot of hits for bain capital. he has taken a lot of hits for not releasing his tax returns. now you have these trial balloons who his v.p. is going to be. many say you better pick one of our guys to do this. it's a combination of factors. i think look, this is turning into a base election. we had a story on our side on politico today talking about how there is only 3% to 8% of voters who are still undecided. we haven't even gotten to the fall yet. that's why you see obama in battleground states play to go women, playi
but no running mate can solve romney with his tax reference. an overwhelming say 63% say romney should release tax returns beyond the years he has already made politics. for more on politics and gender in the race i'm joined by david and reef. let me start with you we've come to expect a bigger gender divide by men and women beyond a margin of error for the president. what has happened to shake this up in the past couple of days? >> well, i think this is sort of the end of a long hot...
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Jul 10, 2012
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release the tax returns. put all this to rest. >> mitt romney has failed to make an economic disclosure that every president and candidate for president has made in the last 36 years. he is the first and only candidate for president of the united states with a swiss bank account, with tax shelters, with tax avoidance schemes that involve so many foreign countries. you either get a swiss bank account to conceal what you're doing, or you believe the swiss franc is stronger than the american dollar. >> cenk: exactly. what is a person running for president of the united states of america doing with money outside of the country? that's outrageous. what are we, a third world country where the guy running zimbabwe thinks, i got to get my money out of here. he has got to explain this. the funny thing is his dad set the standard. when he was running for president he said you got to release 12 years of your tax returns. otherwise you could do tricky maneuvers releasing one year and deceive people. that's what mitt romn
release the tax returns. put all this to rest. >> mitt romney has failed to make an economic disclosure that every president and candidate for president has made in the last 36 years. he is the first and only candidate for president of the united states with a swiss bank account, with tax shelters, with tax avoidance schemes that involve so many foreign countries. you either get a swiss bank account to conceal what you're doing, or you believe the swiss franc is stronger than the american...
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Aug 10, 2012
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through tax avoidance. but when they avoid that $315 in taxes, guess who has to pay it, you do. i do. because something has got to pay the taxes. we got to have the cops. we got to have the firemen, the teachers and mitt romney's entire career is based on i'm not going to pay the taxes. i'm going to make you pay the taxes. then i get rich off of that, and, oh, golly gee, was there a tax avoidance scheme? are you kidding me? your career is built on it. now look at gst steel this is the company that president obama is running the ads on and the super pac. it's about joe soptic. do you know mitt romney's bain capital did not go bankrupt along with gst steel. they did not even lose any money. they only put in $8 million. they got their $8 million back and they made $12 million profit on top and then made $4.5 million in consulting fees. they more than doubled their money, and they got their tax advantage all throughout when they had gst steel and the company goes under and they laugh, ha, ha, ha, too bad suckers at gst. we got paid. somebody else pays the taxes. we got paid and you
through tax avoidance. but when they avoid that $315 in taxes, guess who has to pay it, you do. i do. because something has got to pay the taxes. we got to have the cops. we got to have the firemen, the teachers and mitt romney's entire career is based on i'm not going to pay the taxes. i'm going to make you pay the taxes. then i get rich off of that, and, oh, golly gee, was there a tax avoidance scheme? are you kidding me? your career is built on it. now look at gst steel this is the company...
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Oct 9, 2012
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the latest not telling the truth about the tax plan. even the obama campaign admitted it wasn't true. >> jennifer: actually i'm going to ask this one of karl, because the romney campaign isn't telling anybody whether the ad is running. >> i think it's disenginous and ironic that they would release an ad calls lying, and not tell anybody where it is returning. if you want to give 20% tax cuts to every american that is $5 trillion. what is difficult is to get really detailed on romney's plans when they are not laid out specifically. so what you find from the fact checkers is that they are not being completely accurate but they always put in there the disclaimer, but it's difficult because we don't know what romney has said. the president should continue to hammer it home, and he needed to do a better job by articulating where he came up with the $5 trillion mark. >> jennifer: i agree. he needs to be specific about what he could do. and michelle, the super pac supporting the president, they have a new ad going after how mitt romney is goin
the latest not telling the truth about the tax plan. even the obama campaign admitted it wasn't true. >> jennifer: actually i'm going to ask this one of karl, because the romney campaign isn't telling anybody whether the ad is running. >> i think it's disenginous and ironic that they would release an ad calls lying, and not tell anybody where it is returning. if you want to give 20% tax cuts to every american that is $5 trillion. what is difficult is to get really detailed on...
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Jul 3, 2012
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a tax. you should call it a penalty or a fee or a fine? >> that's correct. >> cenk: in other words, don't call it a tax because we had one, too. he's the worst to possible candidate on this issue. when you turn to the anger in the country about wall street, romney is the worst candidate. he has raised more money than president obama who has done great with wall street in the past. $9.4 million to $3.4 million. we're sure to have this discussion michael i got to ask you you're our epic political correspondent. why did the republicans pick the worse possible candidate on all these important issues that they claim to care about for their candidate. >> if rick santorum and newt gringrich were the sages, they were saying all along one day they're going to say why did we pick this guy. as far as appealing to that part of the republican party this guy has to reach very hard to do that. it is a mystery. but what i will say for mitt romney he's a convenient candidate when he wants to be. he can say t
a tax. you should call it a penalty or a fee or a fine? >> that's correct. >> cenk: in other words, don't call it a tax because we had one, too. he's the worst to possible candidate on this issue. when you turn to the anger in the country about wall street, romney is the worst candidate. he has raised more money than president obama who has done great with wall street in the past. $9.4 million to $3.4 million. we're sure to have this discussion michael i got to ask you you're our...
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Sep 12, 2012
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you've got the president's stimulus tax cuts, the payroll tax cut on earnings that employees have and then you've got the sequestration budget cuts as part of the budget control act of 2011. altogether, you're talking about between $700 billion of spending cuts which if allowed to go into effect at one time, we would be talking about 5% of gdp which would send us into probably a recession in 2013. we would get a lot of deficit reduction. some people say let's do it and cut the deficit this way. you pay a price in a huge hit to the economy. >> eliot: just so i understand the raw economics. we're in a period of incredibly slow growth as we are you want government spending to go up and taxes to go down and what's going to happen here is taxes will up and government spending will go down. >> this is the exact opposite of the tan zanian response. you don't want the hit to people's wallets and you don't want government spending to go down. >> eliot: we know washington always does what makes no sense whatsoever, we're going to do exactly that. >> my guess is they won't allow us to go over th
you've got the president's stimulus tax cuts, the payroll tax cut on earnings that employees have and then you've got the sequestration budget cuts as part of the budget control act of 2011. altogether, you're talking about between $700 billion of spending cuts which if allowed to go into effect at one time, we would be talking about 5% of gdp which would send us into probably a recession in 2013. we would get a lot of deficit reduction. some people say let's do it and cut the deficit this way....
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Jul 24, 2012
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all right "viewpoint" with eliot spitzer tax the rich. [ ♪ music ♪ ] >> eliot: good evening i'm eliot spitzer and this is view point. it was the first of many days in court for james holmes. the 24-year-old former grad student stands accused of friday's assault that killed at least 1221 moviegoers and wounded 58 more inn colorado, and with a nation still reeling from that heinous attack both presidential candidates went on the record against closing loopholes in gun laws that at least might have mitigated the violence. holmes seems numbed when he was informed of his rights. in francisco, president obama shared the nation's sorrow. >> obama: i stand before you as our hearts still ache over the tragedy in aurora colorado. yesterday i was in aurora with families whose loss is hard to imagine. >> eliot: it's hard to imagine a democratic president so cowed by the nra that his spokesman would say, i quote the president's view is that we can take steps to keep guns out of the hands of people who should not have them under existing law. the president's views were shared by his republican riva
all right "viewpoint" with eliot spitzer tax the rich. [ ♪ music ♪ ] >> eliot: good evening i'm eliot spitzer and this is view point. it was the first of many days in court for james holmes. the 24-year-old former grad student stands accused of friday's assault that killed at least 1221 moviegoers and wounded 58 more inn colorado, and with a nation still reeling from that heinous attack both presidential candidates went on the record against closing loopholes in gun laws...
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Oct 9, 2012
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tax. why should they be the only economic sector that is not paying? that would bring money into our economy for things that we need. >> not just since 2007, but over the last two years average income has declined. that's a huge problem for president obama. is that fair to say that's his fault, because he bailed out the banks just like bush did and didn't give any relief to the homeowners. >> exactly no relief to the homeowners, as to the students who are basically a generation of in dentured servants. this transpacific partnership is nafta on summer recognized off shoring our jobs and undermining wages. he is giving away the store to wall street over and over again without actually doing the things we can do. we're calling for a green new deal, which would use our dollars for creating jobs directly not for more tax breaks for the job creators to create more jobs in india and china. he has his priorities mixed up. he does need to be held accountable not only for shipping jobs overseas, bai
tax. why should they be the only economic sector that is not paying? that would bring money into our economy for things that we need. >> not just since 2007, but over the last two years average income has declined. that's a huge problem for president obama. is that fair to say that's his fault, because he bailed out the banks just like bush did and didn't give any relief to the homeowners. >> exactly no relief to the homeowners, as to the students who are basically a generation of...
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Aug 1, 2012
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>>overwhelming majority of the county says: "tax the rich don't go to war." our conversation is with you the viewer because we're independent. >>here's how you can connect with "viewpoint with eliot spitzer." >>questions, of course, need to be answered. >>we will not settle for the easy answers. >> eliot: there may be hope for new gun control laws afterall. new jersey senator lautenberg would restrict access to high capacity ammunition clips. both were acquired and used by james holmes charged monday with 23 counts of first-degree murder and amendmented murder. for the shooting at the aurora, colorado shooting. holmes opened fire on the crowd watching batman, the dark knight rises. that drum would be banned under amendment to the senate cybersecurity law proposed by lautenberg along with any clip that holds more than ten rounds. the conservative heritage foundation attacked his proposal saying... but while a congress coired by the national rifle association hasn't passed new gun control laws since 1999, no less a conservative than supreme court justice antoni
>>overwhelming majority of the county says: "tax the rich don't go to war." our conversation is with you the viewer because we're independent. >>here's how you can connect with "viewpoint with eliot spitzer." >>questions, of course, need to be answered. >>we will not settle for the easy answers. >> eliot: there may be hope for new gun control laws afterall. new jersey senator lautenberg would restrict access to high capacity ammunition clips....
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Sep 25, 2012
09/12
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he won't release his tax returns before 2010. >> eliot: then mr. obama made this comment to 60 minutes website. >> obama: do we see us sometimes going overboard in our campaign? areas where there's no doubt that somebody could dispute something we're saying that happens in politics. >> eliot: maybe the president is beginning to feel a little sorry for mitt romney don't do it mr. president. i'm joined now by thomas frank, and david catanese who is a reporter with political.com. david the un is meeting here in new york. i know that because you can't drive anywhere. it's gridlock alert every moment of the day, but the statements the president has made does it make the president a little bit vulnerable on foreign affairs which until now had been a strong suit for him. >> these are not the most el event comments the president has made. overall this doesn't his best interview. but i don't think this is sort of a game changer or doesn't rise to the level of the 47% comment that everyone was abscessed with last week around mitt romney because this campaign
he won't release his tax returns before 2010. >> eliot: then mr. obama made this comment to 60 minutes website. >> obama: do we see us sometimes going overboard in our campaign? areas where there's no doubt that somebody could dispute something we're saying that happens in politics. >> eliot: maybe the president is beginning to feel a little sorry for mitt romney don't do it mr. president. i'm joined now by thomas frank, and david catanese who is a reporter with political.com....
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. >> and with the tax cuts of 2010. >> i'm trying to figure out if they have he been triangleated or if there is a way to untriangle the story. >> cenk: progressives are just disgruntled. it's funny they're just starting to figure it out. is it going to effect the election? how disgruntled are they? no president gives you everything that you want. is it something extraordinary. >> amongst talking with progressives about populous issues there are concerns, at least among activists that the president and the democratic party are too eagle for sell away things that are important to the middle class. frankly there is a real concern a legitimate one, that corporate money has infected the democrat democratic party far more than is tolerable. things like the transpacific partnership where we're seeing 130 house members now. we're saying, we want to see this nafta plus essentially trade pack that the administration is negotiating in secret. issues like bankruptcy and the way they handled mortgage crisis and no accountability of banksters. i'm not getting to the civil libertarian aspect that
. >> and with the tax cuts of 2010. >> i'm trying to figure out if they have he been triangleated or if there is a way to untriangle the story. >> cenk: progressives are just disgruntled. it's funny they're just starting to figure it out. is it going to effect the election? how disgruntled are they? no president gives you everything that you want. is it something extraordinary. >> amongst talking with progressives about populous issues there are concerns, at least among...
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Feb 7, 2012
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taxes. that's the shument we can close these offshore tax havens. the issue isn't whether what he did was legal or not. i assume it was technically legal. the issue is when we come to close down the offshore tax havens like the caymans, we have bills on the floor president obama supports them. will governor romney support closing down the use of tax havens to avoid paying taxes? it's not enough to say he didn't use these illegally that's not the question. the question is whether or not we're going to close these tax havens because they are used illegally all the time by people to avoid paying tax and as far as i'm concerned if it's not already illegal tax avoidance by using these tax havens should be made illegal. that's the battle we're going to be waging on the floor of the senate. and hopefully we'll get some support from a few republicans but obviously governor romney wants to defend the use of these gimmicks, these corporate loopholes, like the use of offshore tax havens, like the use of the so-called interest which is used by hedge funds to no
taxes. that's the shument we can close these offshore tax havens. the issue isn't whether what he did was legal or not. i assume it was technically legal. the issue is when we come to close down the offshore tax havens like the caymans, we have bills on the floor president obama supports them. will governor romney support closing down the use of tax havens to avoid paying taxes? it's not enough to say he didn't use these illegally that's not the question. the question is whether or not we're...
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Jul 25, 2012
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so they're more more business tax related and tax related and you funds have gone down. machine willing released under the house proposal, and it's really wrong. instances like this and gabby giffords and other shootings should remind people of the mental health issues that hurt our physical health. while we're doing with our fiscal health, we oughting to it in a fiscally responsible fiscally aware manner and get the mentally ill get treatment and not let them go into theaters dressed as jokers and kill people or go into shopping centers and kill people and staff members and citizen. >> cenk: congressman cohen if we spend more money on mental health where are we going to get the extra money for the tax cuts for the rich. >> we certainly don't need the tax cuts for the rich. i understand why you ask that question. i'm sure the rich if they get their taxes will be jumping off buildings. they won't know what to do because some of their caviar won't be good. >> cenk: very week weak legislation four and a half guns bought every year in america. you cut mental health spending,
so they're more more business tax related and tax related and you funds have gone down. machine willing released under the house proposal, and it's really wrong. instances like this and gabby giffords and other shootings should remind people of the mental health issues that hurt our physical health. while we're doing with our fiscal health, we oughting to it in a fiscally responsible fiscally aware manner and get the mentally ill get treatment and not let them go into theaters dressed as jokers...
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Jun 30, 2012
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. >> this is a tax, a gigantic tax on the american people. >> yes, it is a tax. >> the penalty is, in fact, a tax. >> cenk: they say the the largest in u.s. history. we will he tell you how comically wrong it is. wait until you see how small it is in reality. and then unfortunately we've got another sex scandal in the military. >> there are people who feel it is okay to train these recruits, and then force them to have sex 12,347. >> cenk: that is a devastating story. then speaking of devastating. the defense in the zimmerman case boy it looks like they screwed up in a bond hearing today. >> how could he be screaming if the victim has one hand over his mouth and one hand over the nose. >> cenk: that's actually a really good question. we'll talk about that, as well. does anybody know what know know what time it is? oh right it's go time. >> cenk: after the supreme court decision on healthcare, while republicans have been losing it, what's funny is first they lost it when they thought they would won. congress woman mean jean smith that's her nickname. look at her going ballistic. watch.
. >> this is a tax, a gigantic tax on the american people. >> yes, it is a tax. >> the penalty is, in fact, a tax. >> cenk: they say the the largest in u.s. history. we will he tell you how comically wrong it is. wait until you see how small it is in reality. and then unfortunately we've got another sex scandal in the military. >> there are people who feel it is okay to train these recruits, and then force them to have sex 12,347. >> cenk: that is a...
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Nov 15, 2012
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the incomes tax is not on the table. also on the table. estate tax. it's slated to go up to 39%. it's at 35%. then you have carried interest and corporation taxes. why in the world are we talking about cutting corporate taxes. i'll go in the option opposite direction. i'll take away loopholes. we're not going to give you what you want. i won you lost. how about spending cuts to tax increases. president obama keeps saying i want to do $3 of spending cut for every $1 in tax increases. that was before the election. if i'm president obama i say here is the new formula. now we're going to do $1 in spending cuts for every $3 in tax increases. you know why? i won. you lost. if you like we can do it again in 2014. would i settle for 2-for-20? i would settle for that. but i wouldn't go 3-to-1 against me. who would do that numbers that, unless you want to move. 3-to-1 against yourself is not a balanced approach. finally, look, here's what else is off the table. so your so-called indictment, social security, medicare, medicaid. we just had an election about this. i would play this ronald re
the incomes tax is not on the table. also on the table. estate tax. it's slated to go up to 39%. it's at 35%. then you have carried interest and corporation taxes. why in the world are we talking about cutting corporate taxes. i'll go in the option opposite direction. i'll take away loopholes. we're not going to give you what you want. i won you lost. how about spending cuts to tax increases. president obama keeps saying i want to do $3 of spending cut for every $1 in tax increases. that was...
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Dec 6, 2012
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we were paying taxes. there was a little law that was only used once on me, i think a paraphernalia law that said it was illegal to ship paraphernalia across state lines. that made it a federal offense. by the way joe biden wrote the law. >> cenk: i hope you're right. biden and obama don't have a great record on this. let's bring in a different point of view. you and i agree we're optimistic about the laws that we hope it goes in the right direction and spreads across the country. i'll bring in sandra, a member of colorado concern. i don't believe she shares our point of view. what is your take on legalizing marijuana in colorado. >> good evening cenk, happy to be here. i represent the business community, and we're very concerned about the passage of amendment 164 and it's implication for business and for colorado. >> cenk: why? >> that's our concern. >> cenk: i don't get that? i guess if you represent the alcohol companies you might be worried about competition but why the business. >> we're concerned abo
we were paying taxes. there was a little law that was only used once on me, i think a paraphernalia law that said it was illegal to ship paraphernalia across state lines. that made it a federal offense. by the way joe biden wrote the law. >> cenk: i hope you're right. biden and obama don't have a great record on this. let's bring in a different point of view. you and i agree we're optimistic about the laws that we hope it goes in the right direction and spreads across the country. i'll...
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Jul 24, 2012
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this way of i will decide, for example i'm only going to release two years or a year and a half of tax returns and ignore although pressure he's getting even from members of his own party. >> do you think susan that it's new big deal. >> i think the olympic stuff is a bunch of why. >> how do we know? >> what are we looking for a dead body in there? all people care about is the economy. >> i want you to listen to a portion of a clutch and get your reaction to it. >> if you've been successful, you didn't get there on your own. if you have a business, you didn't build that, somebody else made that happen. >> somebody else made that happen. that whole made that happen thing has become the political fodder now scott brown running that ad against elizabeth warren. it is totally deceptive but is it effective? >> you're asking me, i'd say look, it is -- i think mitt romney has scored with this ad. i think he scored with this attack but the truth of it is every one of us that has been successful we got there because of a teacher who helped us on the government payroll or the highways or the emp
this way of i will decide, for example i'm only going to release two years or a year and a half of tax returns and ignore although pressure he's getting even from members of his own party. >> do you think susan that it's new big deal. >> i think the olympic stuff is a bunch of why. >> how do we know? >> what are we looking for a dead body in there? all people care about is the economy. >> i want you to listen to a portion of a clutch and get your reaction to it....
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Jul 6, 2012
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you have to say tax. i don't know that this is fehrnstrom's fault necessarily. >> jennifer: i agree. >> like the "wall street journal" and rupert murdoch and all of these people are calling for a shake-up in boston. i think he's had a pretty good campaign team. they've run i think a pretty effective campaign. i don't think the problem is his staff. you understand what i'm saying. >> jennifer: i do. the problem is the candidate. no doubt about it. i know that eric fehrnstrom would not have gotten out ahead of his skis as the president would with have said, ahead of his candidate had it not been authorized. michael, thank you for joining us inside "the war room." michael tomasky of the "daily beast." with all of the talk about mitt romney flip-flopping, we're afraid the actual footwear is going to get a bad rap. our digital team took to the street in search of flip-flop defenders. it is funny stuff. you can catch it out by going to current.com/thewarroom. >> win the presidency, take back the house and keep
you have to say tax. i don't know that this is fehrnstrom's fault necessarily. >> jennifer: i agree. >> like the "wall street journal" and rupert murdoch and all of these people are calling for a shake-up in boston. i think he's had a pretty good campaign team. they've run i think a pretty effective campaign. i don't think the problem is his staff. you understand what i'm saying. >> jennifer: i do. the problem is the candidate. no doubt about it. i know that eric...
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Jun 18, 2012
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which of the tax credits. when will you tell us that. >> romney: we'll go through the process with congress and all the specific deductions. >> have you had any ideas like the home interest deduction. >> romney: simpson boles went through a process in how they could reach a setting in how they ended their proposal, even more revenue for the government with lower rates. mathematically it's been proved to be possible. >> cenk: so, in other words, no, i'm not going to tell you any of the deductions. will you tell me if you'll take away the deduction from your dressage horse. he's lying. >> forget lying. it seems like he doesn't even know. it seems watching that he has no depth of knowledge. like he's one of the farm animals. >> cenk: he doesn't want to know. in reality his tax cuts for the rich create $2.5 trillion hole in our budget. $2.5 trillion going to the rich. the average 1 percenter under romney's tax plan would have a savings of $725,000 that blows my mind. all this horse stuff as it goes to the summer o
which of the tax credits. when will you tell us that. >> romney: we'll go through the process with congress and all the specific deductions. >> have you had any ideas like the home interest deduction. >> romney: simpson boles went through a process in how they could reach a setting in how they ended their proposal, even more revenue for the government with lower rates. mathematically it's been proved to be possible. >> cenk: so, in other words, no, i'm not going to tell...
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Nov 10, 2012
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break that no one else in the country gets tax relief. then they would be taking us over the fiscal cliff in a way that is totally politically un unsustainable for them. imagine if the president goes on television january 1 january 2 january 3 and saying, are you kidding me, americans won't get tax relief unless there is a bonus tax break on top of $250,000? it's time for john boehner to make sure he gets his caucus on board to do the right thing. >> eliot: the president should entice them to get to that point without caving. the president should be as rigid as a piece of steel and not cave. i don't think it will be quite the cataclysm people are saying. read paul krugman's article in "the times" today. frankly, it's a lot of wall saying you got to deal with it because wall street guys have been wrong about virtually every economic forecast they've made. let them scream that the sky is falling. it really will not. i want to switch gears for a moment. the recent move on the part of the republican party to rush for immigration reform. that
break that no one else in the country gets tax relief. then they would be taking us over the fiscal cliff in a way that is totally politically un unsustainable for them. imagine if the president goes on television january 1 january 2 january 3 and saying, are you kidding me, americans won't get tax relief unless there is a bonus tax break on top of $250,000? it's time for john boehner to make sure he gets his caucus on board to do the right thing. >> eliot: the president should entice...
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Nov 8, 2012
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raising taxes, we are told no way americans don't want to raise taxes. wrong again bob 60% of americans say raise taxes already. how about pot. you crazy that passed everywhere colorado overwhelming passed. legalized. not medical marijuana but recreation marijuana. come on, gay marriage, this country is fundamentally conservative. that's what you hear from the knuckle heads on tv. this is a conservative country look at these maryland, passed. may, passed. and maine was an important one. it was a ballot initiative. they put it on there and the voters in maine said yes legalize gay marriage. the country is fundamentally progressive, and it showed clear and clear last night. >> obama: tonight political action not politics as usual. in the coming weeks and months i'm looking forward to reaching out and working with leaders of both parties to meet the challenges we can only solve together. reducing our deficits, reforming our tax code, fixing our immigration system freeing ourselves from foreign oil. we've got more work to do. >> cenk: all right look, a lot o
raising taxes, we are told no way americans don't want to raise taxes. wrong again bob 60% of americans say raise taxes already. how about pot. you crazy that passed everywhere colorado overwhelming passed. legalized. not medical marijuana but recreation marijuana. come on, gay marriage, this country is fundamentally conservative. that's what you hear from the knuckle heads on tv. this is a conservative country look at these maryland, passed. may, passed. and maine was an important one. it was...
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Nov 20, 2012
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now let's talk taxes only. is that a strategy? >> i think it's a strategy, and i hope that we get real immigration reform. it's possible in context of the establishment in washington. you know this, too the money has always been on the side of immigration reform. because corporations want these guest workers. they want to exploit the visiting workers and whatnot and if it means that they have to give up some path to citizenship they'll do it. but the problem is they've created analect an electoral base that is motivated by their issues with brown people, gay people, by their issues of cultural i i implications of women having control over their bodies? >> eliot: i agree. the issue for the republican party is that those issues that motivated them, as you said, were the social issues which lost the election for them. they are no longer the demographics of the electorate, and no longer permit them to get to 50%. either popular vote for electoral college. they peel them off one by one. as they lose them they have no argument to make o
now let's talk taxes only. is that a strategy? >> i think it's a strategy, and i hope that we get real immigration reform. it's possible in context of the establishment in washington. you know this, too the money has always been on the side of immigration reform. because corporations want these guest workers. they want to exploit the visiting workers and whatnot and if it means that they have to give up some path to citizenship they'll do it. but the problem is they've created analect an...
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Jul 31, 2012
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i'm going to show you how they all profit from this scam and then later tax the rich, tax the rich. >> the 8,000 square foot penthouse is located in the city's spire at west 56th street and includes an internal elevator, a wine closet for up to 1,000 bottles. [ male announcer ] peppermint that cools as you chew. stimulate your senses. 5 gum. now in micro pack. (vo) now, it's your turn. (vo) connect with the young turks with cenk uygur. >> it's go time. >> cenk: before we go to my rage gauge and i get mad. let me celebrate something. elliott -- hold the rage cage. elliott was my 20,000th twitter follower. we were going to give out a swag bag to whoever did it. elliott, thanks for following us and i tweet out a lot of the stories before the show, after the show, during the weekends as well. and congratulations on that. he's from jersey. so i'm proud. i'm also from jersey. now let's get mad. let me show. >> little rage cage here. this guy looks scary. i don't want to mess with this guy. i think it is me. it is about defense contractors. there is going to be this thing called sequestratio
i'm going to show you how they all profit from this scam and then later tax the rich, tax the rich. >> the 8,000 square foot penthouse is located in the city's spire at west 56th street and includes an internal elevator, a wine closet for up to 1,000 bottles. [ male announcer ] peppermint that cools as you chew. stimulate your senses. 5 gum. now in micro pack. (vo) now, it's your turn. (vo) connect with the young turks with cenk uygur. >> it's go time. >> cenk: before we go to...
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Dec 13, 2012
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the biggest tax increase in the history of the world. now the reeders picked that number one biggest lie now number two was this one. >> if you got a business, you didn't build that, somebody else made that happen. >> my father's hands didn't build this company? my hands didn't build this company? >> through hard work and a little bit of luck we built this business. where are you demonizing us for it. >> cenk: that came in over 20% because obviously president obama didn't say you didn't built your own business. he said you didn't build the roads and bridges we built it together. that was a lie. number three this one. >> on july 12th president obama quietly announced a plan to gut reform. under his plan you would not have to work or train for a job. they would just send you your welfare check. >> cenk: that was my favorite. they knew it was the exact opposite. he was tightening the work standards in welfare reform but they decided, who cares, we're going to brazenly 100% lie about it because they don't think they were going to be called o
the biggest tax increase in the history of the world. now the reeders picked that number one biggest lie now number two was this one. >> if you got a business, you didn't build that, somebody else made that happen. >> my father's hands didn't build this company? my hands didn't build this company? >> through hard work and a little bit of luck we built this business. where are you demonizing us for it. >> cenk: that came in over 20% because obviously president obama...
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Aug 10, 2012
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>>tax cuts don't create jobs. the golden years as the conservatives call them, we had the highest tax rates, and the highest amount of growth, and the highest amount of jobs. those are facts. >>"if you ever raise taxes on the rich, you're going to destroy our economy." not true! break the ice with breath-freshening cooling crystals. ice breakers. >>now let's get some real news. (vo) first, news and analysis with a washington perspective from an emmy winning insider. >>you couldn't say it any more powerfully than that. >> current tv, on the roll. (vo)followed by humor and politics with a west coast edge. >>ah, thank you. >>it really is incredible. (vo)bill press and stephanie miller, current's morning news block. weekdays six to noon. [ ♪ theme music ♪ ] >> jennifer: tonight i have a privilege given few americans. the privilege of accepting our parties' nomination for president of the united states. [ cheering ] >> jennifer: that's john mccain accepting his party's nomination four years ago. and it's time to go
>>tax cuts don't create jobs. the golden years as the conservatives call them, we had the highest tax rates, and the highest amount of growth, and the highest amount of jobs. those are facts. >>"if you ever raise taxes on the rich, you're going to destroy our economy." not true! break the ice with breath-freshening cooling crystals. ice breakers. >>now let's get some real news. (vo) first, news and analysis with a washington perspective from an emmy winning insider....
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Aug 1, 2012
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harry reid the tax returns where does this come from? this was a call a month ago. suddenly this is harry reid's welcome home gift from mitt romney diving right back into the tax issue. what motivates this. why now? what do you make of it? >> it is a big pie in the face for mitt romney. at the end of a trip where he's been stumbling on banana peels tripping over skates in his path. it is a whole trip that's been nothing but -- to come home to yet another one. this is probably the ultimate of unforced errors. harry reid very much is putting out the democratic message here. he's doing what i think is kind of interesting in borrowing a page from the republicans' handbook in that he's placing allegation there not substantiating it but saying hey, this is out there. i wonder what's behind it. it almost reminds me a lot of what the birther nonsense was about in which people were constantly asking for obama's birth certificate. i take him at his word he's an american but really we want to know was he born here or not. so it is kind of interesting that all of this is going
harry reid the tax returns where does this come from? this was a call a month ago. suddenly this is harry reid's welcome home gift from mitt romney diving right back into the tax issue. what motivates this. why now? what do you make of it? >> it is a big pie in the face for mitt romney. at the end of a trip where he's been stumbling on banana peels tripping over skates in his path. it is a whole trip that's been nothing but -- to come home to yet another one. this is probably the ultimate...
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Nov 16, 2012
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that so-called no climate tax pledge, that tax pledge is backed by the tea party group americans for prosperity and guess who funds americans for prosperity? yep, the billionaire koch brothers who made their fortune from oil pipelines and refineries. and who, of course, along with other oil and coal lobbying groups spent $270 million on ads attacking the president this election. here's the good news though. that pledge opposing any climate legislation that raises taxes probably won't have much of an impact because the president has not even proposed a carbon tax. so there may be still hope. if congressional republicans continue to drag their feet though we might see a lot more action on clean energy at the state level this term. joining me now to talk about creating a clean energy agenda at the state level is washington state governor-elect, jay inslee. he ran on a platform of bringing clean energy and biotech jobs this to his state. he's joining us via skype from olympia, washington. governor-elect inslee, congratulations on your win and thank you so much for being here inside "the
that so-called no climate tax pledge, that tax pledge is backed by the tea party group americans for prosperity and guess who funds americans for prosperity? yep, the billionaire koch brothers who made their fortune from oil pipelines and refineries. and who, of course, along with other oil and coal lobbying groups spent $270 million on ads attacking the president this election. here's the good news though. that pledge opposing any climate legislation that raises taxes probably won't have much...
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Feb 7, 2012
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tax avoidance by using these tax havens should be made illegal. that's the battle we're going to be waging on the floor of the senate. and hopefully we'll get some support from a few republicans but obviously, governor romney wants to defend the use of these gimmicks, these corporate loopholes, like the use of offshore tax havens, like the use of the so-called interest which is used by hedge funds to not pay their regular rate of taxes. the carried interest is a technical kind of a loophole. but the bottom line is governor romney is paying half the tax that is he should be paying in terms of the kind of income that he earns and the folks that are in hedge funds that make a lot of money paying half the tax rate that the people working for them are paying is wrong. we're going to try to end it and we're going to be running right into the romneys of this world apparently. >> yeah, the romneys of this world and those who follow them, and obviously you need allies in congress, both the house and the senate. i know you have bills that you in particular
tax avoidance by using these tax havens should be made illegal. that's the battle we're going to be waging on the floor of the senate. and hopefully we'll get some support from a few republicans but obviously, governor romney wants to defend the use of these gimmicks, these corporate loopholes, like the use of offshore tax havens, like the use of the so-called interest which is used by hedge funds to not pay their regular rate of taxes. the carried interest is a technical kind of a loophole....
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Jun 30, 2012
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if it looks like a tax, if it acts like a tax, it's a tax. at a minimum, to be intellectually honest, not to say that the candidates are, but it's a tax and it will effect a lot of people in the middle class and lower middle class who are struggling and they've got a lot of challenges financially. then all of a sudden they've made a conscious choice not to pay for healthcare, they'll have to spend money on healthcare. that's a tax to them, and i think it's something that is important to bring on as part of the campaign. >> i agree if the white house had called it a tax they would have lost big time. but roberts is the one who used the word tax and they'll take that while hating him for the rest of their lives. bahsill, it's a not a tax. it's a penalty fine. it's a lay-about penalty. it's just punishing those who don't pull themselves up by their bootstraps. >> as you said it's a free rider penalty. and i will have to agree with him. >> john: the whole thing is nuts. >> i'll say that i think the way romney makes this a good issue for him is if
if it looks like a tax, if it acts like a tax, it's a tax. at a minimum, to be intellectually honest, not to say that the candidates are, but it's a tax and it will effect a lot of people in the middle class and lower middle class who are struggling and they've got a lot of challenges financially. then all of a sudden they've made a conscious choice not to pay for healthcare, they'll have to spend money on healthcare. that's a tax to them, and i think it's something that is important to bring...
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Aug 10, 2012
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>>tax cuts don't create jobs. the golden years as the conservatives call them, we had the highest tax rates, and the highest amount of growth, and the highest amount of jobs. those are facts. >>"if you ever raise taxes on the rich, you're going to destroy our economy." not true! [ ♪ theme music ♪ ] >> jennifer: you're back inside "the war room." i'm jennifer granholm. tonight i want to take you back to june of the summer of 1979. it was a busy month for news. there was the blow out of an oil well in the southern gulf of mexico. at least 600,000 tons of oil were released. it was the largest unintentional spill. the bp disaster of two years ago. in june of is the 79 pope john pope john paul ii made his first visit as pontiff to his native poland and alexander haig, a former secretary of state to ronald reagan narrowly avoided being assassinated by germany's notorious baader-meinhoh terrorist group. but there is another headline that you probably never heard. in june of 1979, 19.6 million people were employed at
>>tax cuts don't create jobs. the golden years as the conservatives call them, we had the highest tax rates, and the highest amount of growth, and the highest amount of jobs. those are facts. >>"if you ever raise taxes on the rich, you're going to destroy our economy." not true! [ ♪ theme music ♪ ] >> jennifer: you're back inside "the war room." i'm jennifer granholm. tonight i want to take you back to june of the summer of 1979. it was a busy month for...
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Jun 1, 2012
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less government less debt better business and less taxes. the result was the opposite. more fees less business more debt bigger government here in boston. >> he just did not get the job done. >> two interesting things there. i like where they are going with this. mitt romney was 47 out of 50 in job creation in massachusetts. so we have no reason to believe he can ever deliver jobs. and then they seem to take a republican line there, saying mitt romney for big government. mitt romney is a little strange, but as we're about to tell you the republicans are trying to outprogressive the republicans. david axelrod wanted to have a press conference today but things got derailed a little bit. >> i think some -- i get tweets from some of these folks so i feel close to them. [ crowd shouting ] >> you can't handle the truth my friends. that's the problem. you can handle the truth. you can shout down speakers my friends, but it's hard to etch-a-sketch the truth away. [ cheers ] >> now i don't blame david axelrod for any of that except maybe the lame jokes. it actually reminded me o
less government less debt better business and less taxes. the result was the opposite. more fees less business more debt bigger government here in boston. >> he just did not get the job done. >> two interesting things there. i like where they are going with this. mitt romney was 47 out of 50 in job creation in massachusetts. so we have no reason to believe he can ever deliver jobs. and then they seem to take a republican line there, saying mitt romney for big government. mitt romney...
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Jul 21, 2012
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. >> eliot: for all the tax cuts for all the stimuli and for all the rhetoric we just can't get this economy stirred up. and unfortunately that brings us to our number of the day. negative 12.9. that's the index this month from the philadelphia federal reserve. and in case you don't know the philly fed, this is not a good number. the index measures changes in business growth in the pennsylvania, new jersey, and delaware region. when the index goes above zero, factory-sector businesses are growing. when it drops they're shrinking. that's why a chart of the index tends to look the same as a chart of employment numbers and it's one of the best predictors of job growth. that's why the deeply negative number states that the job creation could be low for july. to make matters worse this is the third month in a row with a negative index. this will probably be bad news for president obama and anyone looking for a job--except mitt romney. delighted accomplice in the billionaires' purchase of our nation. >> and you think it doesn't affect you? think again. with lysol kitchen soap hands are hea
. >> eliot: for all the tax cuts for all the stimuli and for all the rhetoric we just can't get this economy stirred up. and unfortunately that brings us to our number of the day. negative 12.9. that's the index this month from the philadelphia federal reserve. and in case you don't know the philly fed, this is not a good number. the index measures changes in business growth in the pennsylvania, new jersey, and delaware region. when the index goes above zero, factory-sector businesses are...
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Sep 27, 2012
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>>tax cuts don't create jobs. the golden years as the conservatives call them, we had the highest tax rates, and the highest amount of growth, and the highest amount of jobs. those are facts. >>"if you ever raise taxes on the rich, you're going to destroy our economy." not true! smiles make more smiles. when the chocolate is hershey's. life is delicious. uh, i'm in a timeout because apparently riding the dog like it's a small horse is frowned upon in this establishment! luckily though, ya know, i conceal this bad boy underneath my blanket just so i can get on e-trade. check my investment portfolio, research stocks... wait, why are you taking... oh, i see...solitary. just a man and his thoughts. and a smartphone... with an e-trade app. ♪ nobody knows... ♪ [ male announcer ] e-trade. investing unleashed. admitted that that look, we were able to keep a lot of the folks because of the stimulus. >> bill: absolutely. again, do you great work, judd. thank you. all of your colleagues at think progress. we'll see you a
>>tax cuts don't create jobs. the golden years as the conservatives call them, we had the highest tax rates, and the highest amount of growth, and the highest amount of jobs. those are facts. >>"if you ever raise taxes on the rich, you're going to destroy our economy." not true! smiles make more smiles. when the chocolate is hershey's. life is delicious. uh, i'm in a timeout because apparently riding the dog like it's a small horse is frowned upon in this establishment!...